Hong Kong’s home price index rose to the highest level in 10 months in June, as investors and speculators defied a third wave of coronavirus infections in the city in their search for safe haven assets amid a gloomy outlook for the global economy.June’s index of used homes edged up by 0.1 per cent to 386.1, according to figures by the Rating and Valuation Department, chalking the highest level since 388.2 in August 2019. The index dipped by 1.9 per cent compared with June last year.The…
Source : South China Morning Post
Read more…Hong Kong’s June home prices rise to 10-month high as buyers defy coronavirus in search for safe haven assets















